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Below is TBR’s commentary on Apple's fiscal 3Q16/calendar 2Q16 earnings. Please feel free to use this content with TBR and analyst attributions. Contact Jack Narcotta at (603) 929-1166 or jack.narcotta@tbri.com for additional commentary. Steadfast commitment by Apple executives to transform greater iPhone user engagement into service revenue growth is succeeding; Apple’s Service segment revenue climbed 18.9% year-to-year to $6 billion in calendar 2Q16, and the Services segment … Read more »

Seth Ulinski

On July 25, 2016, Verizon announced its intent to acquire Yahoo for $4.83 billion. While Yahoo has been in perpetual turnaround mode since hiring Marissa Mayer as CEO in 2012, ongoing investments and acquisitions in high-growth areas such as video and mobile failed to offset declines in its traditional desktop display or search segments, prompting shareholders to demand a sale the past several quarters. … Read more »